New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-06-08
financial.
PROPOSITIONS OF THE CENTRAL RAIL

PROPOSITIONS OF THE CENTRAL RAIL
ROAD COMPANY OF NEw-IERsEY
STOCKHOLDERS AND CERTAIN OF ITS CREDITORS
RTHg
SALE OF ITS ONE HUNDRED YEAR FIVE PER
CENT GENERAL MORTGAGE GOLD BONDS.
,.,, "a IN. circular Of the Reorganization Comm'es
Iss1 and subject to It's terms ana couo'onA "'
,l,ovinr propositions arc made In eonnecuon sAS''
o,ryps orNrR.L RAILROAD COMPANY
OF NEw-JERsEY,
NJ r.cord June Is 1897 are entitled until Juno so 49,
sub.crss TO the bonds at par ana aoer''' A'e'
-, ., m mar cant OF the par value OF thoir shares
PAYMENT viii he due In equal nstainien" 'uy
August l. 1887 and be made prior there" ~ Wv
Of The subscribers The right to subscribe
upon the form prepared thsrsisr
ADJUSTMENT BoSDHOLDKRs. CENTRAL RAIL
ROAD CoMPANY OF NEWJERsEf'
ia ,u,scrbe to the bonds at par and acoruoo
interest," paying therefor In their old bonns AZ par ~
crnei interest thus paying ~ ofJuV i, lss" si.oo AZ
iustment Bonds. with all unpaid coupons a'A'"''' ~
81 os1 SO bonds. ..
All bonds not for eIchangeon or before Juno 20
1857 win be payable IN cash at and accrued interest,"
July ], 1887.
NEWARK AND NETWORK RAILROAD COMPANY
entitled subscribe to the new BONDS AZ par
and paying therefor in ther old bonds AZ
g. and .coru.d interest thus paying as Of July l. 1887
81 600 old bonds with July 1897 coupon attached for
Si,os5 new bonds. - ..
All bonds no, notified exchange or before June ~
1887 will he payable cash. at and accrued Interest,"
July !. 1887.
GUARANTEE CAR TRUST
c.r,aoate holders arc entitled subscribe 70 the new
bond, 1t par and interest paying therefor in their
nj uei X,
Univ 1887 81 900 Car Trust certificates for slolo new
bonds. So.
An not notified exchange or before June
26 1887 wall be payable in cash at par and accrued
July ]. 1887.
CENTRAL RAILROAD COMPANY OF NEwJERsEY
CAR TRUST
certinoate holders are entitled subscribe 70 the new
At par accrued interest paving therefor IN the
at par accrued interest thus paying As OF
July l. 1887 900 Trust certificates for Stud ne"
bonds .,..
An certificate. not notified for exchange on or before
June 20, 1897 will be payAoio IN cash AZ par anu "
terest July j, 1887.
NETWORK AND LONG BRANCH RAILROAD CO
,oethodo, are entitled subscribe to the now bonds Nv
mar and accrued interest paying therefor in their hares
par and accrued divdoni thus payng as ofJuy 1881 Az
the rate Of 100 shares for sl0l75 new bonds
All stock not notified exchange or before June 20
1897 will In cash AZ par and accrued dvdenu
SOUTH BRANCH RAILROAD CO.
,;ockholders are entitled to subscribe the bonds al
par and accrued interest, paying therefor in their shares at
par and dividend thus ying as OF July l. 1881"
the rate Of 100 shares for so. 80 new bonds.
stock notified 'Or exchange on or before Jsne2o
1887 DO payable cash and accrued dividend
July !. 1887
CONSOLIDATED BoNDHoLDERs. CENTRAL RAIL
ROAD COMPANY OF NEwJFRsEY,
are entitled 10 the bonds at par and ao
cru.a payas therefor in their old bonds at llOper
cent and accrued interest Thus Of July l. 1881
Consolidated bonds with all unpaid coupons attached
for 1877 so bond. For tho convenience oil foreign
bondhoder their right TO subscribe Will extend 10 anu IN
cnds July 1887 aud their subscriptions VIII be received
aud their bonds exchanged by Brown shpley Co.
London.
CONVERTIBLE BoNDHoLDERs. CENTRAL RAIL
ROAD COMPANY OF NEwJERsEY.
arc entitled TO subscribe to the new bonds at par
and accrued interest paying therefor in their old
bonds at 10 per cent aud accrued interest," thus
paving as OF July l. 1897, $1,000 Convertloo Dohds
with unpaid coupons attached for sllsl 69 new ponds
For tho convenience bondhodes hsir right to
subscribe Will extend Include Jay l5 1887 aud their
pous will received and ther bonds eheh anged w
M.ssr,. Brown, shiploy Co., London.
TO-
pEpENrURE BoNDHoLDERs. CENTRAL RAILROAD
COMPANY OF NEwJERsEY.
.nuted 10 subscribe TO the and accrued
therefor their old bonds al 100 per cent
fat paying OF July 1887 $1,000 Debon turc bonus
with paid coupons attached Tor $1,000 nov bonds tor
the foreign bondhoders their right TO sub
scribe will and include July 10 1887 ana thelF
pons will DO received aud their bonds eicRanged o
Meisrs Brown. SIMPLIFY & Co.. London
IL.
NEw.JERsEY SOUTHERN RAILROAD co.
bondhoers entitled IN subscribe to the new bonds ae
par and accrued interest paying therefor In their bonds at
par accrued interest thus paying az OF July 1887
Al 600 old bonds with July l. 1897 attached for
1880 new bonds
LONG BRANCH AND sEASHORE RAILROAD CO.
bopdhoers are entitled subscribe TO tho new bonds al
mar and accrued interest paying therefor In their bonds &C
los and accrued interest thus paying as OF July 1887
81 900 old bonds for 81. O55 50 new bonds
To avail OF tho term. proposed written notice must be
gwen upon tho forms prepared.
Cop,e. Of the circular Of Reorganization Committee
for absorption exchange bonds aud Assignment Of rights
pany iIe Liberty s the Central Trust Company.
Trustee. Newfork
ron.terpine tho stockholders entitled subscribe tho
stock transfer will be closed from Wednesday, Juno
18th 10 saturday June Goth. 1887. inclusive.
All the above described privileges Of subscription except
,hr. expire tho 18th day Of june 1851
at o'clock m.
By order OF tho Board OF Directors.
Central Railroad Company OF NewJerscy
JRoGERS MAXWELL
vorI lima "A 1887 President
b, "a a, m n ed the above proposals Of the